Property Rates in Goregaon West Mumbai

Top Selling Projects by Value in Mumbai's Goregaon West

Mumbai's real estate market is one of the most lucrative in the country, and Goregaon West is a prime location that attracts homebuyers and investors alike. If you're looking for the best projects in the area, here are the top 10 selling projects by value:

1. Kolte Patil Verve: With a current rate of ₹30,663 and a sale value of ₹144 Cr., Kolte Patil Verve is a luxurious residential project that offers spacious apartments and modern amenities.

2. Hari Ratan CHS: Hari Ratan CHS is a premium residential project that boasts a current rate of ₹30,195 and a sale value of ₹101 Cr. The project offers well-designed apartments that are equipped with all the modern amenities.

3. Kabra Diamante: Kabra Diamante is a high-end residential project that offers lavish apartments with a current rate of ₹27,175 and a sale value of ₹55 Cr. The project is designed to provide residents with a luxurious lifestyle.

4. DPS Park View: DPS Park View is a premium residential project that offers spacious apartments with a current rate of ₹22,021 and a sale value of ₹55 Cr. The project is equipped with all the modern amenities that one could ask for.

5. Laxmi Shrushti: Laxmi Shrushti is a luxurious residential project that offers well-designed apartments with a current rate of ₹20,215 and a sale value of ₹51 Cr. The project is designed to provide residents with the best of amenities and facilities.

6. Wadhwa Imperial Heights: Wadhwa Imperial Heights is a premium residential project that offers well-designed apartments with a current rate of ₹25,667 and a sale value of ₹31 Cr. The project is equipped with all the modern amenities that one could ask for.

7. Silver Serene: Silver Serene is a luxurious residential project that offers well-designed apartments with a current rate of ₹22,691 and a sale value of ₹24 Cr. The project is designed to provide residents with a luxurious lifestyle.

8. Satara One: Satara One is a premium residential project that offers spacious apartments with a current rate of ₹17,931 and a sale value of ₹20 Cr. The project is equipped with all the modern amenities that one could ask for.

9. Palai Towers: Palai Towers is a luxurious residential project that offers well-designed apartments with a current rate of ₹17,877 and a sale value of ₹18 Cr. The project is designed to provide residents with a luxurious lifestyle.

10. Oxford Navrang Oasis: Oxford Navrang Oasis is a premium residential project that offers spacious apartments with a current rate of ₹18,834 and a sale value of ₹17 Cr. The project is equipped with all the modern amenities that one could ask for.

In conclusion, these top 10 selling projects by value in Goregaon West are designed to cater to the needs and preferences of homebuyers and investors who are looking for luxurious apartments with modern amenities and facilities. If you're looking for the best projects in the area, these are the ones that you should definitely consider.

Location Sales Trend: Goregaon West

Goregaon West is a popular residential area in Mumbai, known for its connectivity to major business hubs and entertainment centers. The area has witnessed a steady increase in property prices over the years, making it an attractive investment destination for homebuyers and investors.

As per the data provided, the average rate per square foot in Goregaon West in Q1'22 was 23045, which gradually decreased to 22116 in Q1'23. This indicates a marginal decline in property prices in the area over the quarters. However, it is important to note that the prices have remained stable overall, with a difference of only 929 rupees per square foot between Q1'22 and Q1'23.

Additionally, the number of transactions in Goregaon West has also shown a decline in Q2'22 and Q3'22, with 192 and 181 transactions respectively, as compared to 303 transactions in Q1'22. However, the number of transactions has picked up again in Q1'23, with 243 transactions.

Overall, the property market in Goregaon West has remained stable, with a marginal decline in property prices and a fluctuation in the number of transactions. Homebuyers and investors can consider this area as a viable option for investment, given its location and connectivity advantages.

Location Summary:

The location of Goregaon West is a popular residential and commercial area in Mumbai, India. It is known for its well-developed infrastructure, connectivity, and amenities. The following details provide an overview of the real estate market in Goregaon West:

Rental Rate: The average rental rate in Goregaon West is ₹ 66 per square foot. This indicates that the demand for rental properties in the area is high, possibly due to its proximity to commercial hubs and the availability of amenities.

Sales Transactions: Goregaon West has seen a total of 1,631 sales transactions in recent times. This indicates that the real estate market in the area is active and that people are willing to invest in properties in Goregaon West.

Gross Sales Value: The gross sales value in Goregaon West is estimated to be around ₹ 1,785 crores. This reflects the high demand for properties in the area and the potential for good returns on investment.

Current Rate/Sq.ft: The current rate per square foot in Goregaon West is ₹ 20,899. This rate is indicative of the property's value and the demand for it. It also suggests that the area is a premium location within Mumbai, and properties here are likely to appreciate in value over time.

Overall, the real estate market in Goregaon West is strong, with high demand for rental and sale properties. The area's location, infrastructure, and amenities make it an attractive investment option for those looking for long-term returns.